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波音公司The Boeing Company(BA)2025年第二季度财务业绩演示报告「NYSE」(英文版)(11页).pdf

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1、Copyright 2025 Boeing.All rights reserved.Second Quarter 2025 Earnings ReviewKelly OrtbergPresident and Chief Executive OfficerBrian WestExecutive Vice President and Chief Financial OfficerJuly 29,2025Copyright 2025 Boeing.All rights reserved.Caution Concerning Forward-Looking StatementsCertain stat

2、ements made today constitute“forward-looking statements”within the meaning of the Private Securities Litigation Reform Act of 1995.Words such as“may,”“will,”“should,”“expects,”“intends,”“projects,”“plans,”“believes,”“estimates,”“targets,”“anticipates,”and other similar words or expressions,or the ne

3、gative thereof,generally can be used to help identify these forward-looking statements.Examples of forward-looking statements include statements relating to our future financial condition and operating results,industry projections and outlooks,plans,objectives and goals,as well as any other statemen

4、t that does not directly relate to any historical or current fact.Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made,but that may not prove to be accurate.These statements are not guarantees and are subject to risks,uncertainties,and chang

5、es in circumstances that are difficult to predict.Many factors could cause actual results to differ materially and adversely from these forward-looking statements.Among these factors are risks related to:(1)general conditions in the economy and our industry,including those due to regulatory changes;

6、(2)our reliance on our commercial airline customers;(3)the overall health of our aircraft production system,production quality issues,commercial airplane production rates,our ability to successfully develop and certify new aircraft or new derivative aircraft,and the ability of our aircraft to meet s

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1. **2025年Q2业绩改善**:营收227亿美元(同比增35%),核心亏损每股1.24美元(同比收窄57%),经营亏损率从-6.5%收窄至-0.8%。 2. **业务板块表现**: - **商用飞机**:营收109亿美元(+82%),亏损率收窄至-5.1%;737月产量提至38架,订单积压5220亿美元。 - **防务与航天**:营收66亿美元(+10%),扭亏为盈(利润率1.7%);获美空军19亿美元订单。 - **全球服务**:营收53亿美元(+8%),利润率提升至19.9%。 3. **财务状况**:现金及 equivalents 237亿美元,债务533亿美元;自由现金流-2亿美元(2024年Q2为-43亿美元)。 4. **风险提示**:提及27项潜在风险,包括供应链、政府合同、并购整合(Spirit AeroSystems)及气候影响等。
**波音2025业绩如何?** **航空业风险有哪些?** **现金流改善了吗?**
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